Cable Update (GBPUSD) | Page 26091 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #521,801
  • May 20, 2020 11:54am May 20, 2020 11:54am
i was lucky today that price didn't drop before i got sense
fomc protocol in 1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 42 KB
yes yes yes
  • #521,802
  • May 20, 2020 11:58am May 20, 2020 11:58am
Unable to get a new top....so, next target 1.21, and from there we will see
  • #521,803
  • May 20, 2020 12:02pm May 20, 2020 12:02pm
Quoting msniper
{quote} hehe man I think u r bear for many months now everytime I read ur messages its only short sell hahah whats ur target ? what u think about buying dips to target 1.2550 ? or may be sl hunt below 1.2070 then up to 1.2550
about target..
for now try to play for previous low and will wait for more comformation from daily n weekly tF..
i thinks if really BOE will cut their rate so more low will print before can start built for long term long play..
until then will keep shorting every bounce..
just for a cup of coffee...
  • #521,804
  • May 20, 2020 12:05pm May 20, 2020 12:05pm
Quoting Moty
i was lucky today that price didn't drop before i got sense fomc protocol in 1 hour {image}
by the book...
Attached Image (click to enlarge)
Click to Enlarge Name: GU5.13.20.30M.b.png Size: 91 KB
Always trade your own plan...I don't provide trading signals.
  • #521,805
  • May 20, 2020 12:06pm May 20, 2020 12:06pm
Fair bit of aggressive selling pre fix
Support at 1.2150 if I recall
1.2200 fair bit of vol
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #521,806
  • May 20, 2020 12:11pm May 20, 2020 12:11pm
Quoting eleufski
{quote} BE
New plan on GBPUSD.
Sell Limit at 1.22500.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 101 KB
  • #521,807
  • May 20, 2020 12:16pm May 20, 2020 12:16pm
Quoting eleufski
{quote} New plan on GBPUSD. Sell Limit at 1.22500. {image}
Sell Stop @ 1.22200 seems better
Patience and Discipline.
  • #521,808
  • May 20, 2020 12:16pm May 20, 2020 12:16pm
Quoting gespiri
{quote} I wouldn't celebrate yet until we see a close below 1.2225 on the hourly....
Why I am not 100% convinced....
The sell-off stopped at that downward TL. If it closes below on H1 or H4, then it is a confirmed kill.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 130 KB
Lost....
  • #521,809
  • May 20, 2020 12:19pm May 20, 2020 12:19pm
Quoting Stefan90csk
{quote} Sell Stop @ 1.22200 seems better
If the price respects this resistance is true that my sell limit won't be trigger.
Anyways London closed already so I expect that pullback.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
  • #521,810
  • May 20, 2020 12:34pm May 20, 2020 12:34pm
nothing lost yet... CD leg should have 5 swings...
Attached Image (click to enlarge)
Click to Enlarge Name: GU5.20.15M.b.png Size: 95 KB
Always trade your own plan...I don't provide trading signals.
  • #521,811
  • May 20, 2020 12:36pm May 20, 2020 12:36pm
We still haven't reached yesterday's NY high (wth LDN closed)

Also we are now at the bottom of the short term range from 1.2220ish to 1.2290ish and you know what usually happens when we reach the bottom of a range
  • #521,812
  • May 20, 2020 12:40pm May 20, 2020 12:40pm
Quoting Coreg2004
nothing lost yet... CD leg should have 5 swings... {image}
wow , like twins.
I swear I made the graph without seeing yours
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu15.png Size: 39 KB
Click to Enlarge Name: dx15.png Size: 30 KB
yes yes yes
  • #521,813
  • May 20, 2020 12:47pm May 20, 2020 12:47pm
Quoting Moty
{quote} wow , like twins. I swear I made the graph without seeing yours {image}
I know -seriously...I trained you well......I am happy to see your flexibility and recognition of other options...that's the way to go, ability to reverse when original thought doesn't pan out
Always trade your own plan...I don't provide trading signals.
  • #521,814
  • May 20, 2020 12:49pm May 20, 2020 12:49pm
3 bullish soldiers on M15. So, 2200 is clearly not for now unless FOMC says otherwise
  • #521,815
  • May 20, 2020 12:51pm May 20, 2020 12:51pm
Quoting Coreg2004
{quote} I know -seriously...I trained you well......I am happy to see your flexibility and recognition of other options...that's the way to go, ability to reverse when original thought doesn't pan out
yes , i stop looking at the screen and pray for the trade will reverse .
yes , sometime after a big win like the latest , i still do that .
but after 2 small lose , i recovered today and got back to the winning track
yes yes yes
  • #521,816
  • May 20, 2020 1:05pm May 20, 2020 1:05pm
FOMC or not, H1 has closed with a bullish candle. In effect, the bulls have been able to defend 2220 yet again today.
  • #521,817
  • May 20, 2020 1:06pm May 20, 2020 1:06pm
Quoting Moty
{quote} yes , i stop looking at the screen and pray for the trade will reverse . yes , sometime after a big win like the latest , i still do that . but after 2 small lose , i recovered today and got back to the winning track
Moty, if you can take 40% of the daily ATR(14)/or ADR you are good if you can get 60% you are very good by the standards of a decent trading company not bucket shop. Think about it, because during London/NY session you will have always two opportunities...
Always trade your own plan...I don't provide trading signals.
  • #521,818
  • May 20, 2020 1:09pm May 20, 2020 1:09pm
1.227 area good to take shorts from after failing to meet previously daily high. Be interesting to see how it finishes for the day but in my opinion bias continues short.
Keep it simple stupid
  • #521,819
  • May 20, 2020 1:26pm May 20, 2020 1:26pm
Quoting Wavegarrick
{quote} Hi Guys, Buy entries added on the retrace. So far looking positive for bulls. Gov Bailey up in 3 hours 13 minutes. Anyway, all trades locked in and price must do what it has to. Have a great day. Cheers. {image}
Hi Guys,
Cutting it fine here. My future daily pivot at 1.22500 ish( Green highlight). A convergence of pivots never a good thing, means Gu losing its umph. That's if you are biased in a direction. Having said I would like to see a daily lower close to confirm shorts. If there is a short swing, for sure I'll be in. To the scalpers, Akim and Moty for climbing in, well done!!.

Take care,
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_511.png Size: 91 KB
Trade to trade another day
  • #521,820
  • May 20, 2020 1:30pm May 20, 2020 1:30pm
Quoting Siame
Waiting for price to go below Monday's High to enter a SHORT position. Now looks too dicey for me. {image}
The plan is still the same. A close below Monday's High, good for my SELL bias.
Until then I'll wait.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-05-20 19-28-11.png Size: 87 KB
562 traders viewing now, 2 are registered:
,